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Updated 4 months ago, 09/06/2024
Starting my Journey
Good morning BP,
I'm from a small town in Eastern KY and I'm starting my journey into the world of REI at the ripe old age of 46. I have goals of obtaining enough MF property to replace my current career by the age of 50 (I'm actually shooting for $6K/m by November of 2026 because, why not?) so I can spend more time with my wife and newborn along with travel, challenging myself, and become the largest investor in my area. I usually receive a large bonus from work in late June so July 2025 is my target date to buy my first piece of property, although I realize opportunities may arise before then. I've recently read "Think and Grow Rich", "The Millionaire Next Door", "Multi-Family Millions", along with several Grant Cardone books. Currently I'm listening to "ABCs of Real Estate Investing" and I've subscribed to the BiggerPockets podcast. From all that I've created a detailed plan to learn as much as possible before I make a purchase. One of my first orders of business is to start learning how to do market research so...
Question- what is the best way for a newcomer to learn to conduct Market Research? What all does that entail?
Thanks in advance for your help in creating my dreams,
-Tyler